This is an absolutely stunning thing to see written out so clearly: 

"From 1989 to 2017, the real per capita value of corporate equity increased at a 7.2% annual rate. We estimate that 40% of this increase was attributable to a reallocation of rewards to shareholders in a decelerating economy, primarily at the expense of labor compensation."

https://www.journals.uchicago.edu/doi/abs/10.1086/734089

I can’t stop thinking about this. It’s truly insane we are so… what? Fat? Complacent? Stupid? Something? 

that it is plainly stated to us all the time — they take from you, to enrich themselves — and everyone just shrugs

it's almost like you fix the money you fix the world

The Farcaster formerly known as Kchamp. Books, beats, bodybuilding, bright ideas and beautiful things.

katherinechampagne.com

incentivizing things @ poidh.xyz - come chill /poidh + follow @poidhbot

Kenny I know you drool reflexively at the thought of being a bitcoin oligarch but bosses not paying workers has nothing to do with this

The underlying financialization here does not go away if you change the money?

if capital can make more money by simply having money the rich don't have to take risks in business

a world where rich people have to constantly build, innovate, and compete with other rich people to preserve their wealth is one where they have to pay people more 

turn off the easy money spigot